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US: Wall St opens subdued after in-line inflation data

by Sarkiya Ranen
in Technology
US: Wall St opens subdued after in-line inflation data
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WALL Street’s main indexes had a subdued start on Friday (Feb 28) after data showed inflation rose as expected in January, while concerns that US President Donald Trump’s policies could further fuel price pressures kept investors cautious.

The Dow Jones Industrial Average rose 20.3 points, or 0.05 per cent, at the open to 43,259.84.

The S&P 500 fell 4.8 points, or 0.08 per cent, at the open to 5,856.74, while the Nasdaq Composite dropped 67.2 points, or 0.36 per cent, to 18,477.171 at the opening bell. REUTERS

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Tags: DataInflationinlineOpensSubduedWall
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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